704 Pearl St Albany, NY 12204
This exceptional commercial property, located at 704 N Pearl St Unit 704 in Menands, NY, presents a unique investment opportunity. Situated on a sizable 0.23-acre lot, this "Other" property type offers significant potential for a variety of commercial uses. The asking price is $499,900. The property's precise square footage is currently unavailable, however, the substantial lot size suggests ample space for development or expansion. Its Menands location offers easy access to major transportation routes, providing excellent connectivity for businesses. The property's versatility makes it suitable for a range of commercial ventures, from retail to office space, or potentially even a mixed-use development. Given the strategic location and the size of the land parcel, this property represents a compelling investment prospect for those seeking a foothold in the thriving Menands commercial market. Further due diligence is encouraged to fully assess the property's potential and suitability for specific business plans. Interested parties should conduct their own independent investigation to confirm all aspects of the property and its suitability for their intended use. The property is offered as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
81 · Albany, NYAlbany. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.